Europe Coiled Tubing Services Market is Estimated to Reach $ 5,632.8 Million in 2019 – A Report by MicroMarket Monitor

MicroMarket Monitor

(PRWEB) April 09, 2015

The Europe Coiled Tubing Services Market report defines and segments the coiled tubing services market in Europe with analysis and forecast of revenue. The coiled tubing services market in Europe is estimated to grow from $ 486.3 million in 2013 to $ 749.6 million by 2019, at a CAGR of 7.2% from 2014 to 2019.

Browse through the TOC of Europe Coiled Tubing Services Market for an analysis of industry trends and segments, with the help of various tables and figures.

Rising energy demand, redevelopment of mature oil field wells, increasing exploration and production activities in shale reservoirs, and geo-political & macro-economic factors are some of the key factors driving the growth of the coiled tubing services market in Europe. Russia held the largest share of 65.0% of the European coiled tubing services market in 2014.

This market is segmented and forecast on the basis of service types of coiled tubing, such as well intervention, drilling services, and others. The market is further segmented and forecast on the basis of major countries, such as Russia, the U.K. and others.

This report also includes the market share and value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in the market, including major companies that provide coiled tubing services.

Related Report:

North America Coiled Tubing Market

The coiled tubing services market in North America was valued at $ 1,388 million in 2013 and is forecast to reach $ 1,665 million by 2018, at a CAGR of 3.7%, from 2013 to 2018. The well intervention services accounted for $ 1,088 million, which is almost 78% of the total coiled tubing services in North America.

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